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To meet the “full payroll, including social security, suppliers, financial sector, contracts and Dian”Manufacturing companies have 12 days and the total of companies 11 days.
This is confirmed by the second Business Liquidity survey carried out by the National Association of Entrepreneurs of Colombia (Andi), in which responses are received from 238 companies affiliated to this union and to Acoplásticos, and which total operating income of 65.7 billion of pesos.
If you are interested in knowing the first survey click here.
If all the resources were destined to a single item, “the companies would have or, the companies have cash for 33 days to cover the salary of the collaborators and 28 days to meet the full payroll including social security payments,” he says. the survey.
If all the resources for the payment of providers were identified there is a box to “pay 15 days and 34 days to cover the fixed costs associated with contracts such as leasing of offices, premises, warehouses, machinery, insurance, maintenance, public services, surveillance, among others ”.
And for tax responsibilities there are 42 days for withholding tax and 30 days for VAT.
Another relevant fact is that “for all the companies surveyed, operating income decreased -7.2%
in March 2020 compared to the same month of the previous year ”.
It may interest you: Ten keys to stay afloat.
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